Cashcard confirmed as the ATM force to reckon with
Cashcard Australia Ltd is now consolidating its position as the
major force in the provision of ATM and EFTPOS solutions for the
retail merchant market.
This follows its recent $40 million purchase of Electronic Banking
Solutions Ltd(EBS) involving 2,500 ATM locations.
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Oz faces Build-A-Bear invasion
The St. Louis, (Missouri)-based Build-A-Bear Workshop is gearing
up to launch its award-winning retail entertainment concept in
Australia early next year.
The first Build-A-Bear Workshop store opened in the United States
in l997 and the company has expanded rapidly in the past five years,
with over 100 stores now in the top mall and tourist locations in
cities across North America.
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More expected from managers
Area managers are expected to take on more responsibility,
according to trends showing up in Frontline Retail recruitment
agency’s recently released salary guide for positions above store managers.
Area managers are expected to conduct staff training and
development, and in some cases be responsible for formal skills
reviews and development recommendations.
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W.A. pie firm takeover
Jesters Jaffle Pie Company, a franchised quality meat pie system
based in Perth, W.A. has been acquired by AACo, Australia’s
oldest agricultural company, which was formed by Royal Decree in
1824.
AACo (the Australian Agricultural Company) manages over 400,000
cattle across 19 properties spread across 14 million acres of
Northern Australia, and its beef is distributed through an integrated
beef system that includes the food service supplier Chefs Partner,
meat retailer Polkinghornes, Asian beef marketer Kobe Cuisine and
property manager Rural Management Partners.
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Your leave – streamlined online
A new on-line leave management system from payroll outsourcing
specialist Mantrack is designed to radically simplify for employees
and employers alike the process of planning, applying for and
approving leave.
The myLeave Leave Management System eliminates paperwork and cuts
delay by enabling employees and supervisors to action time-off
applications simply by entering the dates and type of leave the
individual seeks after the employee has viewed his or her
entitlements online.
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Electronic prepaid products on a roll
Thanks to its recent partnership with Ezipin, electronic solutions
provider Keycorp Ltd is now delivering pre-paid communications
solutions through point-of-sale (POS) terminals and generating orders
for about 300 devices a month.
The Ezipin system allows consumers to recharge pre-paid
communications products, such as mobile phone services, Internet
accounts and phone cards electronically using POS terminals at
retail outlets.
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Westfield steps up US expansion
Westfield America Trust has acquired a 100% interest in Southgate
Plaza shopping centre in Sarasota, Florida for US$62 million.
Southgate Plaza is the leading regional shopping centre serving
the Sarasota market. It is anchored by Burdines, Dillard’s and
Saks Fifth Avenue, with more than 39 in-line mall shops and retail
kiosks.
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ACCC warns on online shopping
The Australian Competition and Consumer Commission has issued a
warning that it will be closely monitoring complaints about
e-commerce during December and January.
ACCC chairman Prof. Allan Fels points out that while consumers
shopping on the Internet can find many bargains, “such a vast
marketplace can harbour unscrupulous and anonymous traders”.
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Visa chooses new POS device
Intellect has been chosen by Visa International to offer a new
cost effective point-of-sale device that meets Visa functional
requirements.
Intellect’s new point-of-sale device, the PRESTO 210p,
alongside key service and solution elements, has been developed into
a package to support Visa’s drive to remove the barriers to
chip migration for its member banks. As part of the Visa Smart
Breakthrough Acceptance Device program, the global payments provider
sought out point-of-sale devices that would improve the business case
for the migration to EMV and offer Visa’s 21,000 members EMV
systems with the latest technology and the accompanying services to
ensure their success.
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Coles Myer Christmas trading
Following speculation about its level of trading in The Australian
of December 20, Coles Myer has issued the following statement: Coles
Myer Ltd confirms its earnings forecast for FY03.
The company expects Christmas sales to be satisfactory, which
means that it remains on track to achieve its forecast of full year
earnings of $425 million to $435 million, with margin improvement
across the whole group.
More... |
Close
This bulletin is edited and compiled by retail commentator John Kingsley-Jones.
John has worked as an Editor, Chief Sub-Editor
and journalist in magazines and newspapers both
in Australia and overseas.
In the past 15 years, he has consulted to a
range of companies and brands such as Unilever,
Mars Confectionery, TipTop, Tooheys, McWilliam's
Wines, Goodyear and BMW.
That's it for this issue of the Retail One-Stop. If you
have any questions or comments please give us a call on 02 9419 8356 or email us
on info@eps.net.au.
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